£2,080,404
This estimated value is based upon the latest sale price for the house of £1,820,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Sussex Street, London, SW1V 4RW
Phone: 02078284050
Price Paid | Date |
---|---|
£1,820,000 | 11 Dec 2020 |
£1,297,000 | 18 May 2010 |
Terraced |
Freehold |
Floor Area: 174 sq meters or 1,872 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £1,820,000 results in an estimated price of approximately £2,080,404.
11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £1,820,000 | £260,404 | £2,080,404 |
The Postcode Pricing Model uses changes in average sales price within the SW1V postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -62.566 % | £-1,138,706 | £681,293 |
3 Month Average | -29.515 % | £-537,165 | £1,282,834 |
6 Month Average | -5.058 % | £-92,048 | £1,727,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £2,112,848 | £2,100,000 | 53 WESTMORELAND TERRACE |
24 Jun 2022 | £585,939 | £580,000 | FLAT D 16 SUTHERLAND STREET |
19 Jan 2022 | £2,620,397 | £2,500,000 | 31 WESTMORELAND TERRACE |
17 Jan 2022 | £4,507,082 | £4,300,000 | 43 SUSSEX STREET |
26 Aug 2021 | £2,444,445 | £2,200,000 | 49 WESTMORELAND TERRACE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 25 Sep 2014. Using an estimated price of £2,080,404 means this house is valued at £11,956 per sq meter (£1,110 per sq foot).
The average size of a house on WESTMORELAND TERRACE is 132 sq meters (1,429 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Westmoreland Place | |
Mar 2024 | Anti-social behaviour | On or near Westmoreland Place | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Westmoreland Place |
Feb 2024 | Anti-social behaviour | On or near Westmoreland Place |